While the gradual decline in Bitcoin that started in April continues into May, investors are eagerly anticipating the commencement of a substantial bull rally.

雖然比特幣從 4 月份開始的逐漸下跌持續到 5 月份，但投資者熱切期待大幅牛市的開始。

At this juncture, renowned analyst Ali Martinez has informed investors that the MVRV ratio for BTC indicates a potential bottom.

此時此刻，著名分析師阿里馬丁內斯（Ali Martinez）通知投資者，比特幣的 MVRV 比率預示著潛在的底部。

Emphasizing that historically, whenever the MVRV ratio has dipped below 9%, it has been followed by significant gains, Martinez notes that the current MVRV ratio for BTC stands at 11.6%.

Martinez 強調，從歷史上看，每當 MVRV 比率跌破 9% 時，就會出現大幅上漲，他指出，目前 BTC 的 MVRV 比率為 11.6%。

According to Martinez, if history is any guide, the MVRV ratio is signaling a bottom and a subsequent rise in Bitcoin's value.

馬丁內斯表示，如果以史為鑑的話，MVRV 比率預示著比特幣價值已觸底，隨後將上漲。

Highlighting that in the past three instances where the MVRV ratio fell below 9%, the price of Bitcoin subsequently increased by 64%, 63%, and 99%, respectively, Martinez states:

Martinez 強調，在過去 3 次 MVRV 比率跌破 9% 的情況下，比特幣的價格隨後分別上漲了 64%、63% 和 99%，他表示：

"The last three times over the past two years when Bitcoin's 30-day MVRV fell below 9%, the BTC price increased by 64%, 63%, and 99% respectively. The 30-day MVRV on BTC currently stands at 11.6%. This suggests it may be time to buy the dip!"

「過去兩年，比特幣 30 天 MVRV 曾三次跌破 9%，BTC 價格分別上漲 64%、63% 和 99%。目前 BTC 30 天 MVRV 為 11.6%。這表明可能是逢低買入的時候了！

The last three times the #Bitcoin 30-day MVRV dropped below -9% in the last two years, the price of $BTC surged by 64%, 63%, and 99%, respectively. The #BTC 30-day MVRV is currently at -11.6%, suggesting it may be time to buy the dip! pic.twitter.com/Q85skH7Hyj

在過去兩年中，#Bitcoin 30 天 MVRV 曾三次跌破 -9%，而 BTC 的價格分別飆升了 64%、63% 和 99%。 #BTC 30 天 MVRV 目前為 -11.6%，顯示可能是逢低買進的時候了！ pic.twitter.com/Q85skH7Hyj

— Ali (@ali_charts) May 1, 2024

— 阿里 (@ali_charts) 2024 年 5 月 1 日

"Dogecoin is experiencing a pre-rally correction!"

“狗狗幣正在經歷反彈前的調整！”

Martinez, who has studied the historical price movements of Dogecoin, asserts that the current price correction for DOGE is consistent with its typical behavior prior to substantial bull runs.

研究了狗狗幣歷史價格走勢的馬丁內斯斷言，狗狗幣當前的價格調整與其在大幅牛市之前的典型行為一致。

Specifically, by examining its price movements in 2017 and 2021, Martinez observes that DOGE broke out of a descending triangle pattern in both instances and subsequently experienced significant pullbacks before embarking on a bull run.

具體來說，透過檢查 2017 年和 2021 年的價格走勢，馬丁內斯觀察到 DOGE 在這兩種情況下都突破了下降三角形模式，隨後在開始牛市之前經歷了大幅回調。

Noting that DOGE has recently broken out of a descending triangle pattern and has undergone a 47% pullback, Martinez suggests that DOGE may be poised for a significant rally.

注意到 DOGE 最近突破了下降三角形模式並經歷了 47% 的回調，馬丁內斯表示 DOGE 可能會大幅反彈。

"In 2017, DOGE broke out of the descending triangle. DOGE then retreated 40% before entering a 982% bull run! In 2021, DOGE broke out of the descending triangle again. Then, DOGE pulled back 56% before skyrocketing 12,197%! Now, in 2024, DOGE has broken out of the descending triangle once again! It is currently undergoing a 47% price correction, very similar to previous cycles, and this could spark the next DOGE bull run!"

「2017年，DOGE突破了下降三角形。然後，DOGE回落了40%，然後進入了982%的牛市！2021年，DOGE再次突破了下降三角形。然後，DOGE回調了56%，然後暴漲了12,197%！現在2024年，DOGE再次突破下降三角形！

Now, in 2024, #DOGE has yet again broken out of a descending triangle! It is currently undergoing a 47% price correction, very similar to previous cycles, which could ignite the next $DOGE bull run! pic.twitter.com/ZmuHmvIwei

現在，2024 年，#DOGE 再次突破下降三角形！它目前正在經歷 47%​​ 的價格調整，與之前的周期非常相似，這可能會引發下一輪 $DOGE 牛市！ pic.twitter.com/ZmuHmvIwei

— Ali (@ali_charts) May 1, 2024

— 阿里 (@ali_charts) 2024 年 5 月 1 日

*Disclaimer: This content does not constitute investment advice.

*免責聲明：本內容不構成投資建議。